Maximum Distribution definition
Examples of Maximum Distribution in a sentence
For purposes of clarification, the foregoing sentence shall not relieve Google of any payment obligations that have accrued prior to the achievement of the Maximum Distribution Commitment.
Except as contemplated by this Agreement, as of the date hereof, Purchaser is not, and as of the Closing Date Purchaser will not be, subject to any Contract or other obligation with any Person that in any way prevents, prohibits, or otherwise restricts or conditions Purchaser's ability to make or pay the First Distribution Amount, Second Distribution Amount or the Maximum Distribution Amount, as the case may be, under Section IV.B of the Fourth Amended and Restated Certificate of Incorporation.
Google will use commercially reasonable efforts to provide Distributor with [ *** ] advance notice of achievement of the Maximum Distribution Commitment.
In no event shall any payments be owed, due or payable to Distributor following the achievement of [ *** ] under this Agreement (the "Maximum Distribution Commitment").
Google shall have the right, at its sole option, to increase the Maximum Distribution Commitment from time to time.
Maximum Distribution: lesser of 75% of total life insurance benefit or $1M AD&D Basic: 1X annual basic pay; Company paid Supp: 1X-10X annual basic pay Spouse and child: applies Seatbelt Incentive Company paid $10K.Supplemental, ▇▇▇▇▇▇, & ▇▇▇▇▇ AD&D also have $10K.
Google shall have the right, [ *** ], to increase the Maximum Distribution Commitment by providing written notice thereof to Distributor no later than [ *** ] prior to the end of the Initial Term or any Renewal Term.
MJN will have up to five Business Days following the Maximum Distribution Amount Notice Date to instruct BMS to cause BMS Subsidiary to distribute to BMS Subsidiary Shareholder an amount of BMS Subsidiary Cash that on an after-tax (including withholding tax) basis will not exceed the Maximum Distribution Amount (such amount being the “Actual Distribution Amount” and such instruction being the “Actual Distribution Amount Instruction”).
Maximum Distribution: lesser of 75% of total life insurance benefit or $1M AD&D Basic: 1X annual basic pay; Company paid Supp: 1X-10X annual basic pay Spouse and child: applies Seatbelt Incentive Company paid $10K.
The term of this Agreement shall commence on the Effective Date and, unless earlier terminated as set forth herein, shall end on the earlier of (i) February 28, 2011; or, (ii) the last day of the calendar month in which the Maximum Distribution Commitment is reached, provided that Google does not increase the Maximum Distribution Commitment as set forth in Section 4.2 above (the “Initial Term”).